Broadcasting & Cable’s Michael Malone says he was told by a source that H.I.G. Capital (link for more information abougt them) is looking like the favorite to scoop up the bankrupt Young Broadcasting stations including KRON 4. Malone also notes that when you Google “KRON,” the first link says its an NBC affiliate. Of course NBC dropped KRON at the end of 2001.
A favorite emerges to win Young and KRON
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